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Journal Article
Competition in Local Agricultural Lending Markets: The Effect of the Farm Credit System
Charles S. Morris, James Wilkinson, and Eric Hogue assess the effects of Farm Credit Association lending on measures of competition in agricultural banking markets.
Journal Article
Mapping Stress in Agricultural Lending
Repayment rates for farm loans have declined every quarter since the second quarter of 2013, suggesting heightened stress in agricultural lending. If repayment rates continue to decline?and the outlook for the agricultural sector remains downbeat?agricultural banks could become less able to lend to creditworthy farm borrowers. Thus, declining repayment rates could lead to adverse outcomes for agricultural banks, farmers, and the rural economies they serve. {{p}} Cortney Cowley uses data from the Federal Reserve Bank of Kansas City?s Ag Credit Survey to model and map areas with the highest ...